iBankCoin
Joined Nov 11, 2007
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A Free Market Capitalist System is Supposed Ward Against Monopoly…No?

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“No More Media for Murdoch

Rupert Murdoch — the guy who’s under investigation in England for phone hacking, influence peddling and bribery — wants to get his mitts on the Los Angeles Times and the Chicago Tribune1,2. These are the major papers in the nation’s second- and third-largest cities (where, incidentally, Murdoch already owns TV stations).

Federal Communications Commission Chairman Julius Genachowski is trying to change the agency’s ownership rules to pave the way for Murdoch to get exactly what he wants. Worse, Genachowski and Murdoch are keeping this all very hush-hush, hoping you won’t notice.3

These changes wouldn’t just benefit Murdoch. If the FCC proposal passes, one company could own the major daily newspaper, two TV stations and up to eight radio stations in your town. And that one company could be your Internet provider, too. What is the FCC thinking?!?

We can still stop the agency from taking this perilous step — but we have less than a month to do it.

By taking action, you’re joining a movement of millions who are working to stop big media from getting even bigger. Please take action today.


 

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